Modelling the impact of intellectual property protection and spillovers on attracting foreign direct investment
Previous studies yield ambiguous results from using country-level indices of intellectual property rights (I.P.R.) protections to test their relation to foreign direct investment (F.D.I.). This study develops a simple model featuring vertically linked stages of production to show that country-level...
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Format: | Article |
Language: | English |
Published: |
Taylor & Francis Group
2021-05-01
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Series: | Ekonomska Istraživanja |
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Online Access: | http://dx.doi.org/10.1080/1331677X.2021.1931909 |
Summary: | Previous studies yield ambiguous results from using country-level indices of intellectual property rights (I.P.R.) protections to test their relation to foreign direct investment (F.D.I.). This study develops a simple model featuring vertically linked stages of production to show that country-level I.P.R. indices might cause the ambiguity by ignoring differences in I.P.R. protection strength across industries. We demonstrate that industry-level I.P.R. indices resolve ambiguity over the empirical nexus between I.P.R. protections and F.D.I. |
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ISSN: | 1331-677X 1848-9664 |